India Stocks’ 13% Slide May Not Yet Be a Buying Opportunity, Spark Capital Says
A Spark Capital Advisors executive said slowing growth, elevated oil prices and stretched valuations could limit market returns and deter investors from returning to Indian stocks.
By Bharath RajeswaranIndian benchmark stock index's 13% decline this year may not yet lure back investors as slowing growth, elevated oil prices and stretched valuations could limit the scope for market returns, a top executive at Spark Capital Advisors said.The Nifty 50 NSE:NIFTY is on course for…